Morgan Stanley plans autocallable jump notes linked to three indexes

By Angela McDaniels

Tacoma, Wash., Sept. 9 – Morgan Stanley Finance LLC plans to price 0% jump securities with autocallable feature due Sept. 16, 2022 linked to the worst performing of the Nasdaq-100 index, the Dow Jones industrial average and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be automatically called at par plus a call premium of at least 10.1% per year if each index closes at or above its initial level on any semiannual determination date.

If the notes are not called and the final level of each index is greater than or equal to its initial index level, the payout at maturity will be par plus at least 30.3%.

If the final level of any index is less than its initial index level but the final level of each index is greater than or equal to its downside threshold level, 65% of its initial level, the payout will be par.

If the final level of any index is less than its downside threshold level, investors will lose 1% for every 1% that the worst-performing index declines from its initial level.

The exact terms will be set at pricing.

The notes will be guaranteed by Morgan Stanley.

Morgan Stanley & Co. LLC is the agent.

The notes are expected to price Sept. 13.

The Cusip number is 61769HVC6.

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